28th August 2022 7:10:49 AM
2 mins readThis week, Ken Ofori-Atta, the finance minister, visited the United States for a normal medical examination.
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While in the United States, he met with Kristalina Georgieva, the Managing Director of the International Monetary Fund, to discuss Ghana's economic difficulties.
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The IMF chief tweeted on August 26 about their "productive" discussions and included a picture of their encounter.
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"constructive discussion about Ghana's economic issues and the way forward with Finance Minister Ofori-Atta and his colleagues.
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We are prepared to contribute to the authorities' efforts to strengthen growth, stabilize the economy, and assist the most vulnerable people "She wrote the picture's caption.
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President Akufo-Addo ordered Finance Minister, Ken Ofori-Atta via a July 1 statement to present an economic rescue programme to the IMF.
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A team from the Fund led by Carlo Sdralevich visited Ghana between July 6 13, meeting with relevant stakeholders.
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Reports indicate that government is seeking US$3 billion from the fund to help stabilize the economy. Government has serially blamed the COVID-19 pandemic and the Russia-Ukraine war for the economic headaches.
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Due to his absence from the jurisdiction, Ofori-Atta, according to a Daily GUIDE report was represented by Minister of State at the Finance Ministry, Charles Adu Boahen, at a recent meeting with the Council of State.
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“Information reaching DGN Online indicates that the Council of State has summoned the Finance Minister, Ken Ofori-Atta and the Governor of the Bank of Ghana, Dr. Ernest Addison over the free fall of the local currency, the cedi. The Ghanaian Cedi is currently trading at over GH¢10 to one dollar, sending panic among the business community.
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“Chairman of the Council of State, Nana Otuo Siriboe, has asked the council members to cut short their recess to attend the emergency council meeting to meet managers of the economy.
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"The Finance Minister, Ken Ofori-Atta has travelled out for medical review with Minister of State at the Finance ministry Charles Adu Boahen stepping in for him. The Council meeting is tomorrow, Wednesday, August 24, 2022,†part of the Daily Guide online news report read.
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